1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sveta [45]
3 years ago
5

Waxwania is producing $550 of real gdp, whereas the potential real gdp (or full-employment real gdp) is $650. how large is its b

udget deficit?
Business
2 answers:
tekilochka [14]3 years ago
7 0
There seems to be an error in your question. Budget deficit is when the government spending exceeds its revenue, yet your question makes no mention of expenses. However, it seems to be referring to something we call the "negative output gap", where actual output is lower than potential output. If this is the case, then the output gap is $100. (I suspect you omitted the million as no country, not even fictional, only produces $500.)
Musya8 [376]3 years ago
3 0

Answer:

The answer is $100

Explanation:

With the data we have at our disposal on Waxwania, we can analyze that if the real GDP is $550, which would be the level of real production, that is, what it produced; and knowing that the real potential GDP is $650, that is, the level of production that the economy can reach with the efficient use of production factors, we can see that this economy is functioning at a lower level than it could. Therefore we can say that the budget deficit is $100.

Have a nice day!

You might be interested in
Folsom Fashions sells a line of women's dresses. The company uses flexible budgets to analyze its performances. The firm's perfo
Svetlanka [38]

Answer is below in attachment

Download docx
8 0
3 years ago
Bridgitte and Carlotta have started a business together; Carlotta put up half the money, but she is not involved in the manageme
Fittoniya [83]

Answer:

Limited partnership.

Explanation:

Limited partnership is a business that is set up by people who want to run a partnership together but where one or more of the partner is only interested in investing in the partnership without the desire to be involved in the day to day running as well as the right to take decision concerning the partnership, such an arrangement is called Limited partnership. The liability of the Limited partner is limited to the amount of capital contributed.

The other type of partner is general partner who is involved in the day to day running of the firm and has unlimited liability for the debt of the partnership.,

5 0
3 years ago
_______________ is intentionally or unintentionally using someone else's work without giving credit to the original author or cr
nasty-shy [4]

Answer:

b. Plagiarism

Explanation:

Plagiarism refers to the action of presenting somebody else work as your original work acknowledging the original author. Plagiarism may be deliberate or unintended. The internet has software applications that assist students and scholars check against plagiarism.

Plagiarism is considered an offense in the academic and scholarly world.

8 0
3 years ago
Read 2 more answers
During your presentation, why should you "listen" to your audience
givi [52]
Because the audience needs that trust from you that you are presenting correct information, therefore you need to listen to them because they believe that they have correct information.
5 0
3 years ago
Read 2 more answers
A decrease in which of the following will increase the current value of a stock according to the dividend growth model?
chubhunter [2.5K]
I had to look for the options and here is my answer:

According to the Dividend Growth Model, a decline in the DISCOUNT RATE will increase the stock's current value. The Dividend Growth Model, or also known as the <span>Gordon </span><span>Growth Model, is the basis in the calculation of the intrinsic value of a stock not including any conditions of the current market.</span>
7 0
3 years ago
Other questions:
  • An owner withdrawal of $20,000 would_______.
    13·1 answer
  • Who helps the offender is helped through the case and is charged with protecting the rights of the offender?
    9·2 answers
  • Which of the following statements about the marketplace of ideas is true? The British created the marketplace of ideas in the se
    15·1 answer
  • An MNC uses which international strategy for entering a foreign market by simply shipping goods produced in the company's home c
    10·1 answer
  • Glacial Company estimates that variable costs will be 53.1% of sales, and fixed costs will total $710,000. The selling price of
    6·1 answer
  • Sweet Company reports a pretax financial income of $72,600 for 2020. The following items cause taxable income to be different th
    6·1 answer
  • Recently there have been several mergers involving Big Four accounting firms. One such merger involved the firms of Arthur Young
    14·1 answer
  • The auto repair shop of Quality Motor Company uses standards to control the labor time and labor cost in the shop. The standard
    8·1 answer
  • You are compiling Bertram Boat’s balance sheet. According to your calculations, Bertram has current assets of $85,000 and proper
    8·1 answer
  • Corporation meaning in 3-5 sentences​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!